Forex
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Offshore Yuan Holds at Strongest Level Since 2023
The offshore yuan held its gains around 6.74 per dollar on Friday, remaining at its strongest level since February 2023,…
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Trade of The Day – GBP/AUD
Facts: GBPAUD is trading below the 100-period moving average from H4 interval The pair failed to break above the 1:1…
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U.S. GDP Below Estimates! EUR/USD Struggles For Direction!
14:30 CET, United States, GDP and PCE reports: US GDP QoQ Advance Actual 1.5% (Forecast 2%, Previous 2.1%) US Core…
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South Korean Won Hits Over 5-Month High
The South Korean won strengthened to around 1,441 per dollar in late July, extending gains to its strongest level since…
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AUD/USD Price Forecast: Struggles near 0.6950 as bears retain control below 100-EMA on H4
AUD/USD struggles to capitalize on a modest Asian session uptick to the 0.6965 region. Escalating US-Iran tensions and Fed hike…
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United States Dollar Index regains ground on further escalation in Middle East war
The US Dollar rebounds slightly to near 100.92 after a sharp plunge on Wednesday. Escalating military aggression between the US…
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British Pound retreats from weekly high vs firmer USD as focus shifts to BoE, US data
GBP/USD meets with a fresh supply as the USD regains positive traction after the post-FOMC fall. Fed rate hike remains…
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Australian Dollar gains despite cooling domestic Inflation, hawkish Fed hold
AUD/USD may depreciate as the US Dollar could find support, as three policy members dissented in favor of a rate…
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Canadian Dollar consolidates as Mideast crisis supports oil and USD ahead of US data
USD./CAD struggles to gain any meaningful traction amid a combination of diverging forces. The USD recovers a part of the…
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New Zealand Dollar rises as ANZ Business Outlook Index jumps in July
NZD/USD rises as New Zealand’s July ANZ Business Outlook Index surged to 56.1, its highest since February. Markets widely anticipate…
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